You also have artificial support called hedging in play. That messes up pure supply and demand theory. However, if you look at UNG it is in extreme oversold territory. Traders may take a bet to the upside.
Where you see the glass half empty I see it half full. Chk was damaged goods and sold off. If it repairs itself you have appropriately shown what potential it has compared to other peers.
When the stock goes up and shorts cover, everyone seems to forget about politics. Hmmmmmm?
I think they are calling it a 6 bill deal because of the 2 billion assumed debt. Kodiak is up today because WLL is up 6.5% on the announced deal.
Hmmmm, if you wanted to build a big solar farm in the desert, who would you go to? Hmmmmmm, anyone know of a company that specializes in such projects?
If they are to meet their goal , all players need to participate. Secondly, No one, not even Indians want a dirty coal plant in their back yards.
American Patriots. The patriots are the Occupy Wall Street Movement protesters. They protest the tricks used by hedge funds, shorts, and HFT's. These political posters could care less about the Democratic or Republican party. They only care about money................preferably, your money !!!!!
All these political post all of a sudden. Coincidence, I think not. The shorts have been playing the same posting routine since E-Trade was at $4. As I have previously stated, if they talk about homosexuals or pedophiles than mortgage your house, farm, and any other assets you have and buy ETFC !!!!!!
Not a premium from their closing price but most likely their new shares will go up after the merger. BEST PART IS THE 10% SHORT INTEREST THAT WAS WAITING FOR A LOWER PRICE TO COVER. HOPE OUR SHORTIES TAKE NOTICE !!!!!!
Longs are getting into the baggie head. Shorts getting into the head of my baggie. How do you do it? I hear very well...lol
Thanks for the site. I read their lead article that stated Texas pumped more oil than Iraq. Interesting information.
I think we may have seen peak Nat Gas production for the year unless prices go up. IMO, Previous models of PES ( Price elasticity of supply) will not work since suppliers have found other products to produce since 2012. In 2012, despite falling prices E&P players had to drill to secure leases. Decreases in price, increased supply. That is an economic anomaly, Their cash flow is now coming from oil and Nat Gas liquids, and suspect they can/will curtail pumping at below their hedged prices. The market is now working out what the new PED and PES will be, given the new shale boom.
If it tanks, you will consider it a gift and buy. The shorts will look at it as a gift and cover. Those two forces seldom gives both sides what they want, unless there is a total market meltdown.